FOR IMMEDIATE RELEASE 99-107
Leo Orenstein, Assistant Chief Litigation Counsel,
To Leave SEC
Washington, DC, September 1, 1999 -- The Securities and
Exchange Commission today announced that Leo F. Orenstein,
Assistant Chief Litigation Counsel in the Division of
Enforcement, will leave the Commission this week to join the
Washington law firm of Freedman, Levy, Kroll & Simonds as
counsel.
In a nearly fourteen year career at the SEC, Mr.
Orenstein investigated and litigated some of the
Commission's most significant enforcement actions. Among
many others, he commenced and supervised the Commission's
investigation of Crazy Eddie, participated in its
investigation of Drexel Burnham Lambert, prosecuted
administrative proceedings arising out of the Princeton-
Newport criminal convictions, and litigated landmark
enforcement actions against Victor Posner and First City
Financial Corp.
Chief Litigation Counsel Christian J. Mixter said, "Leo
has been an able and articulate advocate for the Division of
Enforcement and for the Commission. He leaves behind a
solid record of important enforcement cases. We wish him
well in his new position."
Before coming to the Commission, Mr. Orenstein, 44,
practiced law in San Francisco. He was graduated magna cum
laude from Yale College in 1977 and received his JD from
Harvard Law School in 1980.
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